Encouraged by good response to SME public offer, Digital market research firm Majestic Research Services and Solutions (MRSS) is coming out with a follow-on-public offer (FPO) of 9,43,200 equity shares of face value of Rs 10 each in a price band Rs 106-114 per equity share. The issue will open on November 28, 2016 and will close on December 05, 2016.
Proceeds of the FPO will be utilised for purchase of new corporate office and working capital requirements, among others.
The book running lead manager to the issue is Pantomath Capital Advisors, while the compliance officer for the issue is Sonali Gamne.
MRSS offers customized solutions in market research that cater to business across the product life cycle. The company focuses on market research, advertising research, brand research and consumer research and also offers an array of other research services to assist companies in developing more services.
